Ministry for Pacific Peoples — Pacific Building Affordable Homes Fund Toloa Contestable Fund Skip to content

Pacific Building Affordable Homes Fund

Pacific Building Affordable Homes Fund

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The Pacific Building Affordable Homes Fund is now open

Pacific families have amongst the lowest home ownership rates in Aotearoa New Zealand and the situation is getting worse. There are several reasons why many current programmes do not always meet the needs of Pacific families including family size, multigenerational living, household income, and household debt.

Hon Aupito William Sio, Minister for Pacific Peoples, has released a media statement announcing the launch of the Pacific Building Affordable Homes Fund.

The Pacific Building Affordable Homes Fund aims to increase Pacific home ownership rates by:

  • supporting the building of affordable homes for eligible Pacific families to purchase for home ownership; and
  • encouraging innovative approaches to housing and/or development design that ensure the needs and aspirations of Pacific families, including multigenerational living are met. 

REGISTER YOUR INTEREST NOW

We recommend you read our Frequently Asked Questions about the Fund, prior to applying.

If you have any questions about the fund, please email [email protected].

About the fund

The fund is open to Pacific organisations, private developers, iwi/Māori, and non-governmental organisations.

While priority will be given to developments on Pacific owned land and organisations working in partnership with Pacific communities, our focus is on funding projects that will deliver affordable, quality, and suitable family homes for purchase. These homes must be purchased for home ownership. We will also look favourably on non-Pacific organisations partnering with Pacific organisations.

To be eligible for this fund, applicants must show that:

  1. they (or their partner) have a proven track record in housing development;
  2. construction on the Pacific family homes for purchase will start no later than 12 months from funding contracts being signed;
  3. they will build a minimum of five affordable and fit-for-purpose homes for eligible Pacific families to purchase for home ownership;
  4. without additional funding they would be unable to proceed with building suitable homes targeted for Pacific family ownership; and
  5. they will be able to reach eligible Pacific families to buy the homes.

We will only fund a portion of the direct costs of building homes for eligible Pacific families to purchase for home ownership.

Funding will be limited to the minimum needed to support the viability of developments, capped at a maximum of 25% of project costs for the Pacific homes overall. This can include costs related to land, infrastructure, professional services, the house construction and/or project costs, where these can be directly attributed to building the agreed Pacific homes.

We will not fund any costs not directly related to building the agreed Pacific homes for purchase for home ownership. This includes community facilities, other amenities and rental properties. The homes cannot be purchased as investment properties to be rented.

We will also not fund houses built in the Pacific Islands or elsewhere outside New Zealand.

There is a two-step application process for funding.

Step 1) Submit a Registration of Interest (ROI)

To assist with this, you can download one of our Registration of Interest forms from the Government Electronic Tenders Website:

Registration of Interest form

If your Registration of Interest is successful, you’ll be invited to move to Step 2:

Step 2) Submit a Request for Proposal (RFP)

If your application progresses to this stage, we will be in touch to tell you what’s required to submit your Request for Proposal.

We will assess eligible applications against the following criteria:

1. Pace – the time needed to build the Pacific homes

2. Scale – the number of Pacific homes being built

3. Affordability – the affordability of the homes, including alignment with KiwiBuild caps where relevant

4. Experience - the track record of the named developer in successfully delivering housing developments 

5. Fit for purpose - how housing and/or development design will meet the needs and aspirations of Pacific families

6. Additionality – the number of additional features listed below that will be met through the development:

  • the development is on land owned by Pacific churches or other Pacific organisations;
  • mixed tenure opportunities for Pacific peoples across the development;
  • support from local Pacific communities for the development; 
  • employment and apprenticeship opportunities for Pacific peoples through the development; and/or
  • place-making principles including, for example, communal facilities, attractive public spaces, and access to amenities such as health care, schools, and public transport.

Following are the key dates for the Pacific Building Affordable Homes Fund:

Deadline for Questions: 12 October 2022

Deadline for Applications: 12:00PM, 19 October 2022 

Applicants advised of outcome by: 9 November 2022

Request for Proposals open: November 2022

Request for Proposals closes: Mid February 2023

Contracts agreed: Late May 2023

IMPORTANT: To be eligible for funding, Pacific family homes construction needs to begin no later than May 2024.

Check our Frequently Asked Questions about the Pacific Building Affordable Homes Fund.

If you need more information about the Pacific Building Affordable Homes Fund - please email [email protected].